Category Archive:Health

ByCarolyn Keane

Disability Entrepreneurs Are Meeting The Challenges Of Entrepreneurship

Disability Entrepreneurs are persons who don’t let their physical challenges hold them back from achieving their entrepreneurial vision. To be a successful disability entrepreneur requires commitment, tenacity and a healthy dose of creativity. In this post, guest author Patrick Young provides some useful information and tips for budding disability entrepreneurs.

Physical Limitations, Unlimited Business Possibilities

Disabled individuals are a highly underutilized asset in the workforce. Unfortunately, having a disability means you are statistically more likely than your able-bodied peers to suffer with un- or under-employment. Don’t let your disability stand in your way of success. We’ve got answers to your most common concerns about becoming a disability entrepreneur, starting a business, managing a business, and ways to pay for your entrepreneurial endeavors.

Here are a few tips on how to use your big ideas to become a disability entrepreneur and start your small business:

Consider sticking close to home

One of your greatest obstacles as a disability entrepreneur will likely be transportation and ease of mobility. If you have the space, you can always run the business out of your home. Options that don’t involve strenuous physical labor include accounting, crafting, graphic design, article writing, and marketing consultation.

If you choose a business that requires keeping up with inventory, consider investing in inventory management software. SquareUp explains that these programs can help you keep a close eye on your company’s cash flow, keep real-time track of inventory, and forecast upcoming needs. By paying attention to your supply chain, you can ensure you always have products available and in stock, so your customers aren’t having to wait. You can sell items from home through Amazon, Etsy, and the even the Facebook Marketplace. Shipping has been made remarkably easier over the last few years, and UPS now offers on-call pickup and will happily drop by your home office for same-day pickup, if necessary.

Seek out special funding

There are many loans and grants available for alternately-abled entrepreneurs. These will vary by state and may not be available for every type of business. Disabled World claims there are currently more than 1,200 grant programs available through the federal government and more than 55,000 available at the state level or via private foundations. If you are a veteran, you may also be eligible for special assistance through the VA. Military.com notes that a veteran-owned small business (VOSB) may be eligible for tax benefits that can make it more affordable to own and operate a business, regardless of whether it’s home-based or not.

Know where support is available

The process of becoming a disability entrepreneur and starting your own business is daunting for everyone. The Small Business Administration offers numerous entrepreneurial resources for people with disabilities that can help you make informed decisions and locate possible tax provisions and incentives. Depending on where you live, you may also have access to local support from your Chamber of Commerce or workforce development agency. SCORE is another invaluable pool of knowledge that can help you connect with a mentor in your industry. DIVERSEability, an online magazine dedicated to the professional advancement of people with all varieties of abilities, offers more information on resources available for disabled men and women.

disability entrepreneurs
Disability entrepreneurs are meeting the challenges of entrepreneurship

Push your limits

They say that the first step is always the hardest. This applies to many situations, but especially when starting a business. But you don’t have to relegate yourself to plugging away at a computer in order to enjoy success. Surviving Disability asserts that disabled people have ample opportunities when it comes to more conventional careers. Baking, childcare, and doing home repairs are all areas that you shouldn’t be afraid to explore.

You don’t have to have full control over your body in order to control your financial future and become a disability entrepreneur. Some of the most successful people throughout history have had physical limitations to overcome. FDR, Ray Charles, and Stephen Hawking are just a few that come to mind. While you may never be president, play in front of sold-out crowds, or crack the code of the universe, there is nothing stopping you from being the boss.

Patrick Young is an educator and activist. He believes people with disabilities must live within a unique set of circumstances–the outside world often either underestimates them or ignores their needs altogether. He created AbleUSA to offer helpful resources to people with disabilities and to provide advice on navigating various aspects of life as a person with disabilities.

Facebooktwitterredditpinterestlinkedinmail
ByCarolyn Keane

Financial Planning with a Disability – Preparing for the Future

Financial Planning with a Disability:
Preparing for the Future

Financial planning is important on so many levels; not only is it necessary for making sure you’re comfortable and independent now, but it’s also crucial in ensuring that you will have everything you need down the road. When you’re living with a disability, however, preparing for your future can mean many things, from saving for retirement to making sure your home has the right modifications for your needs. It can also help you get the care you need should you fall ill or require medical equipment or hospitalization.

Although it’s a difficult thing to think about, it’s important to consider your end-of-life plans. Final arrangements can be costly, and even with health insurance, a long hospital, hospice, or nursing home stay can leave behind medical bills that your loved ones will be responsible for paying. Making plans now for grants or assistance to take care of those issues down the road will give you peace of mind and ensure that your wishes are properly carried out.

If you need more information, here are some things to consider.

Have “The Talk”

Having a conversation with your loved ones about your final wishes may seem like the last thing you want to do, but it’s an important part of planning for your future. Think about what you’d like in regards to your funeral and memorial arrangements, and start making preparations. You can choose some of the details now and have a conversation with your loved ones about how they can fulfill your wishes.

Find the Right Life Insurance Policy

Life insurance is a wonderful asset for individuals who are planning for the future. Not only does it give you peace of mind that your final wishes will be taken care of, but it will also help your loved ones pay for outstanding debts as well. These days, it’s easy to shop online for life insurance and compare monthly rates to find the right policy for your family’s needs.

Take a Look at Medicare

Many Americans who are living with a disability are eligible for Medicare before they reach the age requirement, so look at these plans to see if you qualify and what it will cover. In some cases, you may be able to find a supplemental plan that will help you pay for dental and vision care, which don’t fall under basic Medicare plans. You may also get some assistance with paying for short-term stays in nursing facilities should you need them in the future, which is a huge benefit since they can often be very costly.

Make Sure Your Home Is in Good Shape

Your home should be a safe and comfortable place for you to stay in regardless of your age or abilities, so take a look around and figure out whether any changes need to be made. Home modifications are common these days, but they can end up costing you a lot of money. Typical changes include upgrades to the bathroom and kitchen as well as the installation of ramps to cover stairs for individuals who are living with mobility issues.

Determine Your Home’s Worth If Selling

If you’re nearing retirement and are planning to move out of the family home at some point, it’s a good idea to start the selling process by figuring out how much your home is worth. Websites like Redfin deliver your home’s estimated value to you by gathering information about homes that were sold recently in your area. Though this can yield an accurate result, it’s still a good idea to consult with a real estate agent to get the best recommended list price possible.

Financial planning can be a stressful task if you’re unsure of what the future will bring, so give yourself plenty of time to complete the process. Talk to your loved ones about your preparations so that everyone is on the same page. With some careful planning, you can ensure that your financial future is on point no matter where the road takes you.

Ed Carter

Ablefutures.org | ed.carter@ablefutures.org

Facebooktwitterredditpinterestlinkedinmail
ByCarolyn Keane

Vibroacoustic Therapy May Help Reduce Mental, Emotional & Physical Stress

Vibroacoustic Therapy is the most comforting, effective and effortless way to reduce stress daily.

Vibroacoustic Therapy

Facebooktwitterredditpinterestlinkedinmail